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Highlights

  • Pet Friendly

Location

1400 S Michigan Ave #503, Chicago, IL 60605, USA|South Loop

Tour 1400 S Michigan Ave #503

Contact

Kevin Daniel

C M C Properties, LLC

Amenities for 1400 S Michigan Ave #503, South Loop

Apartment Amenities

Air ConditioningBalcony
FireplaceForced Air
Hardwood FloorView

Appliances

DishwasherGarbage Disposal
In-Unit LaundryWasher and Dryer

Tech

Cable Ready

Building

Cats OKDogs OK
Fitness CenterRoof Deck

Grounds

Assigned ParkingSwimming Pool

Services

On-Site Management
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Assigned Parking

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

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About 1400 S Michigan Ave #503

HomeHouses in ChicagoSouth Loop 1400 S Michigan Ave #503, Chicago, IL 60605, USA
sweet deal icon
Sweet deal!
This listing is 33% below the median price for 1 bedroom apartments in South Loop.

Spacious 1 bedroom in a premier amenity building. Open concept w/ hardwood floors, stainless appliances, in unit washer/dryer, balcony and breakfast bar. Outstanding amenities to include: 24-hour door person, outdoor pool, fitness room, sundeck, dog run, community room and on-site management. Pets welcome. Parking additional


Address details

NeighborhoodSouth Loop
Zip code60605
TypeHouse for rent

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Rent trends in South Loop

1-bedroom apartments at 1400 S Michigan Ave #503 cost about 33% less than the average rent price for 1-bedroom apartments in South Loop.

Median rents as of Jan 24 2026.
South Loop
Chicago
A table of 1-bedroom apartment rental data trends in Chicago
MonthMedian Rent
February 2024$2,174
March 2024$2,319
April 2024$2,180
May 2024$2,248
June 2024$2,337
July 2024$2,354
August 2024$2,210
September 2024$2,235
October 2024$2,200
November 2024$2,118
December 2024$1,961
January 2025$1,932
February 2025$1,991
March 2025$2,036
April 2025$2,050
May 2025$2,040
June 2025$2,012
July 2025$2,172
August 2025$2,064
September 2025$1,986
October 2025$1,940
November 2025$1,952
December 2025$1,950
January 2026$1,996
A table of 1-bedroom apartment rental data trends in South Loop
MonthMedian Rent
February 2024$2,236
March 2024$2,212
April 2024$2,271
May 2024$2,359
June 2024$2,326
July 2024$2,294
August 2024$2,297
September 2024$2,252
October 2024$2,272
November 2024$2,280
December 2024$2,207
January 2025$2,194
February 2025$2,212
March 2025$2,236
April 2025$2,288
May 2025$2,380
June 2025$2,364
July 2025$2,507
August 2025$2,429
September 2025$2,383
October 2025$2,321
November 2025$2,200
December 2025$2,232
January 2026$2,259

Affordability calculator

Can I afford to live at 1400 S Michigan Ave #503?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$61,200/yr

With your selected rent-to-income ratio, you'd ideally want to make $61,200 annually to afford this 1-bedroom monthly rent price of $1,530.
For more information on rent affordability, visit our rent calculator.

Schools near 1400 S Michigan Ave #503

South Loop Elementary School

1212 s plymouth ct

chicago, IL, 60605

PK, K-8Public
B+

Ruben Salazar Bilingual Center

160 w wendell st

chicago, IL, 60610

PK, K-8Public
C+

Skinner North Elementary School

640 w scott st

chicago, IL, 60610

K-8Public
A-

Thomas Early Childhood Center

3625 s hoyne ave

chicago, IL, 60609

PKPublic

Ariel Elementary Community Academy

1119 e 46th st

chicago, IL, 60653

PK, K-8Public
C-
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Internet available near 1400 S Michigan Ave #503

Neighborhood

South Loop | Chicago, IL

NEIGHBORHOOD VIBE
Lively and energetic
You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.

Getting around Chicago near 1400 S Michigan Ave #503

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

4/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 1400 S Michigan Ave #503, Chicago

Groceries

9/10
At least one supermarket within a 5-minute walk

Shopping

9/10
Wide variety of shops within a few minutes' walk

Cafes

8/10
Wide variety of cafés within a few minutes’ walk

Restaurants

9/10
Exceptional variety of restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

6/10
At least one high school within a 20-minute walk

Parks

10/10
Exceptionally large amount of park space within a few minutes’ walk

Nightlife

10/10
Exceptional variety of bars right within a few minutes’ walk

Explore the area around 1400 S Michigan Ave #503

Alfa Foods
1300 S Wabash Ave
Sky Grocer
1259 S Michigan Ave
Jewel-Osco
1224 S Wabash Ave
South Loop Market
1720 S Michigan Ave
Trader Joe's
1147 S Wabash Ave

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